Palo Alto Networks Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of PANW?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	34,214	0.00521%
State or Government	648,322	0.0988%
Individual Insiders	7,079,637	1.08%
General Public	136,748,399	20.8%
Institutions	511,689,428	78%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.1%.

Top Shareholders

Top 25 shareholders own 45.86% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.13%	The Vanguard Group, Inc.	59,905,096	AR$11.6t	1.53%	0.16%
7.65%	BlackRock, Inc.	50,171,272	AR$9.7t	0.3%	0.15%
4.23%	State Street Global Advisors, Inc.	27,761,970	AR$5.4t	2.73%	0.19%
3.9%	Morgan Stanley, Investment Banking and Brokerage Investments	25,588,026	AR$5.0t	7.14%	0.55%
2.33%	Geode Capital Management, LLC	15,313,936	AR$3.0t	2.97%	0.2%
1.77%	UBS Asset Management AG	11,613,520	AR$2.3t	-4.31%	0.21%
1.67%	JP Morgan Asset Management	10,975,846	AR$2.1t	7.77%	0.23%
1.4%	Capital Research and Management Company	9,171,406	AR$1.8t	-12.7%	0.08%
1.14%	Managed Account Advisors LLC	7,448,382	AR$1.4t	-0.22%	0.28%
1.09%	Columbia Management Investment Advisers, LLC	7,182,216	AR$1.4t	-0.34%	0.3%
1.06%	Legal & General Investment Management Limited	6,970,100	AR$1.4t	7.45%	0.23%
1.02%	Northern Trust Global Investments	6,711,986	AR$1.3t	-2.29%	0.19%
0.96%	Jennison Associates LLC	6,294,430	AR$1.2t	50.1%	0.65%
0.93%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	6,099,524	AR$1.2t	4.29%	0.27%
0.82%	Norges Bank Investment Management	5,364,624	AR$1.0t	0%	0.08%
0.79%	Bank of America Corporation, Asset Management Arm	5,194,148	AR$1.0t	0.03%	0.28%
0.78%	ClearBridge Investments, LLC	5,110,082	AR$991.3b	-4.17%	0.69%
0.7%	Invesco Capital Management LLC	4,579,386	AR$888.3b	2.24%	0.33%
0.66%	First Trust Advisors LP	4,361,224	AR$846.0b	-7.76%	0.67%
0.66%	Amundi Asset Management SAS	4,299,770	AR$834.1b	1.76%	0.16%
0.65%	BNY Asset Management	4,247,688	AR$824.0b	-1.17%	0.14%
0.64%	Eaton Vance Management	4,226,620	AR$819.9b	6.55%	0.18%
0.64%	Nir Zuk	4,193,344	AR$813.4b	47.7%	no data
0.62%	Voya Investment Management LLC	4,100,460	AR$795.4b	-21%	0.84%
0.61%	Wells Fargo & Company, Securities and Brokerage Investments	4,023,124	AR$780.4b	9.53%	0.23%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/26 22:37
End of Day Share Price	2024/12/26 00:00
Earnings	2024/10/31
Annual Earnings	2024/07/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Palo Alto Networks, Inc. is covered by 85 analysts. 52 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Ellie Bagshaw	Arete Research Services LLP
Joseph Bonner	Argus Research Company
Shrenik Kothari	Baird